The Baltic Exchange’s main sea freight index, which tracks rates for capesize, panamax and supramax vessels, fell on Monday, on lower rates for capesize vessels. The Baltic index fell 13 points, or 0.9%, to 1,402. The capesize index fell 54 points, or 2.4%, to 2,207. Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes …
The post Baltic index edges lower on weaker capesize rates first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/baltic-index-edges-lower-on-weaker-capesize-rates-2/